Jean Philippe European fragrance sales offset Cutex losses; Allou net income increases.
This article was originally published in The Rose Sheet
Executive Summary
JEAN PHILIPPE INTER PARFUMS 50% FRAGRANCE SALES SECOND QUARTER GROWTH almost completely offsets the revenue declines resulting from the loss of the Cutex brand license, Jean Philippe reported Aug. 12. Fragrance sales from the French Inter Parfums subsidiary have exceeded Jean Philippe's expectations, the firm said, noting that the Burberrys of London fragrances, and specifically the Week end fragrance duo and body and hair care products, are driving sales. Week end was introduced under the Burberrys umbrella in Europe in March, Jean Philippe said
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